Tag: OPEC
Dow Futures Up 80 Pts; Jobs Openings, Manufacturing PMI Data in Focus
U.S. stocks are seen opening in a muted fashion Wednesday, with investors looking to the economic data dump later in the session for direction. At...
European Stocks Higher; German Retail Sales Slump
European stock markets edged higher on Wednesday, rebounding at the start of a new month although concerns about the strength of the region’s economic...
European Stock Futures Higher; Eurozone Manufacturing PMI Data in Focus
European stock markets are expected to open higher Wednesday, rebounding at the start of a new month with the focus on key manufacturing sector...
Dollar falls as investors reach for riskier currencies
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk...
OPEC+ to stick to oil rise plan despite EU sanctions -sources
DUBAI/LONDON, June 1 (Reuters) - OPEC+ is set to stick this week to its monthly modest oil output increases despite seeing tighter global markets,...
Oil Down, Investors Await OPEC+ Meeting
Oil was down on Thursday morning in Asia, falling by around $3 a barrel in early Asian trading. Investors cashed in on a recent...
Oil prices skid $3 a barrel as investors take profits ahead of OPEC+ meeting
By Yuka Obayashi TOKYO (Reuters) - Oil prices fell by around $3 a barrel in early Asian trade on Thursday as investors cashed in on...
Oil prices slide after report Saudi Arabia could step up if Russian output dips under sanctions
Oil prices dropped more than 2% following a report that Saudi Arabia is prepared to raise crude production if Russia’s output significantly falls following...